TSMC Expects Japan to Share Half of $8 Billion Local Fab Cost
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Taiwan Semiconductor Manufacturing Co. said it expects a new chip-making facility under construction in Japan to cost about $8 billion and the Japanese government will help cover roughly half that amount.
The Taiwanese company made the comments after it announced earnings for the first quarter. TSMC is building new facilities in Japan and the US in part to address national security concerns about the primary chip-making facilities concentrated in Taiwan amid rising geopolitical tensions and supply chain shocks.